Brazil
  • pt
  • en
    • Search

    COPX

    Copper Miners ETF

    Invest in COPX

    Reasons to Consider COPX

    High Growth Potential

    Forecasts suggest copper consumption will reach 43mm metric tonnes by 2050, up from 26mm in 2022.1 However, supply may not keep up with rising demand, and such an imbalance could support copper prices and present opportunities for miners.

    Structural Tailwinds

    Copper is an essential input in electric vehicles, renewable energy storage, and other forms of next-generation infrastructure that we expect to gain popularity.

    ETF Efficiency

    In a single trade, COPX delivers efficient access to a basket of companies involved in the mining of copper.

    1BloombergNEF, Jun 2023

    Key Information As of 07/26/24

    Inception Date 04/19/10
    Total Expense Ratio 0.65%
    Net Assets $2.08 billion
    NAV $42.43

    ETF Summary

    The Global X Copper Miners ETF (COPX) provides investors access to a broad range of copper mining companies.

    ETF Objective

    The Global X Copper Miners ETF (COPX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index.

    Trading Details As of 07/26/24

    Ticker COPX
    B3 Trading Code BCPX39
    Bloomberg Index Ticker SOLGLOCO
    CUSIP 37954Y830
    ISIN US37954Y8306
    Primary Exchange NYSE Arca
    Shares Outstanding 48,959,374
    Number of Holdings 50
    30-Day Median Bid-Ask Spread 0.07%

    Distributions As of 07/26/24

    30-Day SEC Yield 0.74%
    Distribution Frequency Semi-Annually
     Distribution History

    ETF Prices As of 07/26/24

    NAV $42.43 Daily Change $0.48 1.14%
    Market Price $42.58 Daily Change $0.63 1.50%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 06/28/24)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return COPX -5.47% 20.07% 20.09% 22.81% 55.01% 41.60% 04/19/10
    Returns (as of 07/25/24)
    		Return COPX Return Index
    Since Inception 31.07% 39.97%
    12 Months 2.12% -2.61%
    24 Months 44.96% 37.61%
    Last 60 Trading Days -11.64% -15.02%
    Last 75 Trading Days -6.70% -10.21%
    Monthly Returns (through 07/25/24)
    		Return COPX Return Index
    Jul 2024 -7.44% -8.77%
    Jun 2024 -5.47% -6.60%
    May 2024 4.02% 2.71%
    Apr 2024 9.98% 9.83%
    Mar 2024 16.83% 16.93%
    Feb 2024 -1.20% -1.84%
    Jan 2024 -3.81% -3.34%
    Dec 2023 10.99% 11.14%
    Nov 2023 5.20% 5.24%
    Oct 2023 -10.22% -10.24%
    Sep 2023 -3.42% -4.20%
    Aug 2023 -9.25% -9.20%
    Jul 2023 11.51% 10.80%
    Jun 2023 10.56% 11.90%
    May 2023 -12.52% -12.95%
    Apr 2023 1.62% 1.63%
    Mar 2023 2.58% 2.65%
    Feb 2023 -8.05% -8.99%
    Jan 2023 15.76% 17.52%
    Dec 2022 0.58% 0.59%
    Nov 2022 23.85% 22.54%
    Oct 2022 1.35% 1.39%
    Sep 2022 -5.52% -5.66%
    Aug 2022 -0.55% -0.49%
    Jul 2022 -1.02% -1.06%

    Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

    NAV & Index Chart

    Top Holdings As of 07/26/24

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    5.42 FM CN FIRST QUANTUM Canada 2347608 12.12 9,300,961 112,700,228.30
    5.03 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 47.42 2,203,156 104,474,803.67
    4.98 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 33.38 3,099,735 103,467,657.84
    4.81 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 5.57 17,923,241 99,890,967.84
    4.80 BHP AU BHP GROUP LTD Australia 6144690 27.59 3,614,797 99,733,241.82
    4.78 BOL SS BOLIDEN AB Sweden BPYTZ57 29.70 3,340,658 99,219,661.45
    4.76 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 13.01 7,604,910 98,907,789.02
    4.69 SCCO SOUTHERN COPPER CORP United States 2823777 105.42 923,391 97,343,879.22
    4.63 LUN CN LUNDIN MINING CORP Canada 2866857 10.17 9,447,493 96,113,223.58
    4.61 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 25.28 3,787,592 95,760,841.44
    4.56 FCX FREEPORT-MCMORAN INC United States 2352118 45.00 2,105,877 94,764,465.00
    4.42 2899 HK ZIJIN MINING-H Hong Kong 6725299 1.95 47,007,335 91,759,223.47
    4.29 5713 JP SUMITOMO MET MIN Japan 6858849 28.87 3,083,871 89,040,284.91
    4.11 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 6.53 13,081,812 85,447,673.76
    3.79 HBM CN HUDBAY MINERALS INC Canada B05BDX1 7.98 9,850,608 78,648,279.19
    3.27 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 5.41 12,549,935 67,935,292.68
    3.16 NDA GR AURUBIS AG Germany 5485527 77.46 848,881 65,752,222.06
    2.95 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 17.69 3,469,073 61,355,832.43
    2.55 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 1.74 30,472,501 53,003,799.47
    2.39 ERO CN ERO COPPER CORP Canada BF02Z72 19.35 2,569,160 49,712,503.47
    2.19 FIL CN FILO CORP Canada BMDHMH2 20.88 2,179,102 45,502,924.71
    1.74 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 5.41 6,689,300 36,199,829.01
    1.64 1208 HK MMG LTD Hong Kong 6728793 0.31 110,542,460 34,122,850.23
    1.14 AMAK AB AL MASANE AL KOB United States BNNVLT6 16.37 1,450,226 23,734,906.81
    1.05 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 6.34 3,451,911 21,898,683.95
    1.05 1258 HK CHINA NONFERROUS Hong Kong B890GY2 0.68 32,018,200 21,817,635.29
    0.82 TGB TASEKO MINES LTD United States 2592066 2.15 7,911,825 17,010,423.75
    0.81 ALS CN ALTIUS MINERALS Canada 2122355 15.64 1,073,674 16,787,792.89
    0.79 MTAL METALS ACQUISITION LTD-A United States BQBC846 13.18 1,246,019 16,422,530.42
    0.79 FOM CN FORAN MINING CORPORATION Canada 2355731 2.70 6,092,472 16,419,740.29
    0.61 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.56 4,962,730 12,693,872.37
    0.61 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 9.74 1,297,524 12,635,956.90
    0.60 ATYM LN ATALAYA MINING PLC United Kingdom BYZTVM8 4.68 2,674,616 12,513,627.56
    0.46 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.07 137,714,500 9,525,166.19
    0.37 1515 JP NITTETSU MINING CO LTD Japan 6641027 30.29 250,935 7,599,881.13
    0.29 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.15 39,538,554 5,946,029.33
    0.29 3939 HK WANGUO INTERNATI Hong Kong B7SHKP6 0.92 6,459,890 5,940,851.54
    0.24 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 2.45 1,996,363 4,889,935.38
    0.21 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 1.30 3,327,840 4,339,997.12
    0.13 CASH United States 1.00 2,617,581 2,617,580.89
    0.12 29M AU 29METALS LTD Australia BNNVRL0 0.25 10,456,743 2,604,077.82
    0.05 SAUDI RIYAL United States 0.27 4,163,564 1,109,810.18
    0.01 OTHER PAYABLE & RECEIVABLES United States 1.00 261,007 261,007.31
    0.00 BRITISH STERLING POUND United States 1.29 17,964 23,089.88
    0.00 MEXICAN PESO United States 0.05 134,309 7,272.91
    0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
    0.00 HONG KONG DOLLAR United States 0.25 0 0.01
    0.00 TURKISH LIRA United States 0.03 -0 -0.01
    0.00 CANADIAN DOLLAR United States 0.72 -6,056 -4,375.79
    -0.01 JAPANESE YEN United States 0.01 -19,170,250 -124,859.15
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 06/30/24

    Sector Weight (%)
    Materials 99.2
    Financials 0.8

    Source: AltaVista Research, LLC

    Country Breakdown As of 06/30/24

    Country Weight (%)
    Canada 37.4
    United States 9.9
    Australia 9.1
    China 8.8
    Japan 7.5
    Britain 5.3
    Poland 5.2
    Sweden 4.8
    Switzerland 4.6
    Germany 3.0
    Hong Kong 2.6
    Other/Cash 1.8

    Source: AltaVista Research, LLC

    ETF Characteristics As of 07/25/24

    Return on Equity 9.70%
    Weighted Avg. Market Cap 26,037 M
    2023 2024
    Price-to-earnings 17.75 13.60
    Price-to-book value 1.37 1.27

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 06/30/24

    Versus Beta
    S&P 500 1.01
    MSCI EAFE 1.40
    MSCI Emg. Mkts 1.33
    Standard Deviation 32.20%

    Source: AltaVista Research, LLC

    ETF Documents

    TERMS OF USE

    Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

    FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.

    Back to Top